EARNINGS ALERT

GUARANTY TRUST BANK PLC released its unaudited Q1 2018 results with EPS of N1.58 (N1.47 in 2017) Please find attached the full result of GUARANTY TRUST BANK PLC as released on the NSE and see key highlights below:

  • Net interest income declined by 26.6% from N59.69bn in 2018 to N66.13bn in 2017.
  • Net fee & commission rose by 10.64% to N14.48bn Q1 2018 (N13.09bn in 2017)
  • Operating expenses decreased marginally by 2.26% to 18.54bn.
  • Impairment charges declined by 51.96% to N1.64bn from N3.41bn in 2017.
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